The most recent data from the IRS on individual tax returns indicates that of 131 million returns filed, about 5 million were expected to be amended.
Taxpayers wanting to make an IRA contribution for 2016, have until the unextended due date for filing their 2016 return, which is April 18, 2017. Contributing to an IRA has several benefits, the most important one being that you are saving for your retirement.
During 2016 you may have made substantial gifts to your children, grandchildren or other family members as part of your estate planning. Or maybe you just wanted to help those close to you with some financial support.
Now that the 2017 tax filing season has arrived you may benefit from the following tax savings opportunity.
There are many reasons you may need to obtain your IRS transcripts, including resolving back taxes or simply to provide documentation to your mortgage lender.
You should have received your W-2 form, Wage and Tax Statement by February 2nd. Since your W-2 shows the amount of your wages and taxes withheld from your salary during 2014 you’ll need it to correctly prepare your tax return.
It’s tax time again. By now you should have received your tax information such as W-2s and 1099s and should be ready to file your tax return.
Now that the 2014 tax filing season has begun it’s time for you gather your tax documents and find Boca Raton tax accountants that will provide you expert tax return preparation services.
The Internal Revenue Service announced last week that legally married same-sex couples will be also be considered married for federal tax purposes and be eligible for tax relief.
Did you know that if you are required to file a tax return and fail to do so, the IRS will prepare a return for you? If your failure to file a tax return continues after being notified by the IRS that you have not filed, they will prepare what is known as a “Substitute for Return” (SFR).